Who Owns Huntington Ingalls Industries (HII)?
HII is the flagship brand of Huntington Ingalls Industries, Inc. (NYSE: HII), a publicly traded defense company headquartered in Newport News, Virginia, and the largest military shipbuilder in the United States. Spun off from Northrop Grumman in 2011, the brand covers nuclear aircraft carriers, submarines, destroyers, and amphibious ships plus the Mission Technologies defense services unit. FY2025 revenue was $12.5 billion.
Parent Company
Founded
2011
Status
Publicly Traded
Headquarters
Who Owns Huntington Ingalls Industries (HII)?
- Parent Company: Huntington Ingalls Industries, Inc.
- Ownership Type: Brand division
- Company Type: Publicly Traded
- Stock Ticker: NYSE: HII
| Brand | Parent Company | Ownership Type |
|---|---|---|
| Huntington Ingalls Industries (HII) | Huntington Ingalls Industries, Inc. | Brand division |
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History of Huntington Ingalls Industries (HII)
- Founded: 2011
- Founders: Northrop Grumman (spin-off)
The HII name is new but the industrial base is old. Newport News Shipbuilding was founded in 1886 and built US Navy vessels for over a century. Ingalls Shipbuilding began in 1938 in Pascagoula, Mississippi. Northrop Grumman consolidated both under its shipbuilding sector before spinning them off as Huntington Ingalls Industries in 2011.
Post-spin-off, the company became the anchor of American naval shipbuilding. Newport News is the sole builder of the US Navy's nuclear-powered aircraft carriers, delivering the Gerald R. Ford class, and one of two yards building Virginia-class submarines alongside General Dynamics Electric Boat. It is also the sole builder of Columbia-class ballistic missile submarine components shared with Electric Boat, and the only yard that refuels nuclear carriers.
Ingalls builds destroyers, amphibious assault ships, and National Security Cutters for the Coast Guard, while the Mission Technologies unit, built through acquisitions including Alion in 2021, covers defense services, unmanned systems, and C5ISR. FY2025 delivered records across all three divisions: $12.5 billion in revenue, $16.9 billion in new awards, and roughly 14% shipbuilding throughput growth.
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About Huntington Ingalls Industries, Inc.
What is Huntington Ingalls Industries?
HII is America's largest military shipbuilder, headquartered in Newport News, Virginia. Spun off from Northrop Grumman in 2011, it builds the Navy's nuclear aircraft carriers, submarines, destroyers, and amphibious ships.
Is Huntington Ingalls publicly traded?
Yes. It trades on the New York Stock Exchange under the ticker HII.
Who runs HII?
Christopher Kastner is president and CEO. Admiral Kirkland Donald is chairman of the board.
What are HII's divisions?
Newport News Shipbuilding (nuclear carriers and submarines), Ingalls Shipbuilding (surface combatants and amphibious ships), and Mission Technologies (defense technology and unmanned systems).
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What was HII's FY2025 revenue?
$12.5 billion, up 8.2% over 2024, with record results at all three divisions and $16.9 billion in new contract awards.
- Founded: 2011
- Headquarters: Newport News, Virginia, USA
- Company Type: Publicly Traded
- Stock: NYSE: HII
- Revenue: $12.5 billion (FY2025)
- Employees: Approximately 44,000
Where Is Huntington Ingalls Industries (HII) Made / Based?
- Headquarters: Newport News, Virginia, USA
- Manufacturing / Operations: United States
Huntington Ingalls Industries (HII) Categories & Tags
Awards & Recognition
HII's Newport News and Ingalls divisions regularly receive Navy unit and contractor excellence recognition for delivery and quality milestones. The company ranks consistently on the Fortune 500 and appears in the Defense News top 100 defense companies globally, typically in the top 15.
Brands Owned by Huntington Ingalls Industries, Inc.
Aerospace DefenseIngalls Shipbuilding
Owned by Huntington Ingalls Industries, Inc.
HII's Pascagoula, Mississippi shipyard division, the largest supplier of US Navy surface combatants, building Arleigh Burke destroyers and amphibious ships since 1938.
shipbuildingdestroyersamphibious-ships
Aerospace DefenseHII Mission Technologies
Owned by Huntington Ingalls Industries, Inc.
HII's defense technology division covering C5ISR, cyber, electronic warfare, unmanned systems including REMUS vehicles, and training, formed in 2023.
defense-technologyc5isrcyber
Aerospace DefenseNewport News Shipbuilding
Owned by Huntington Ingalls Industries, Inc.
HII's Virginia shipyard division, the sole US builder of nuclear-powered aircraft carriers and co-builder of Virginia-class submarines, founded by Collis P. Huntington in 1886.
shipbuildingaircraft-carrierssubmarines
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Huntington Ingalls Industries (HII) Ownership: Pros & Cons
Advantages
- +Sole-source monopoly on US nuclear aircraft carriers
- +Duopoly position in nuclear submarine construction
- +Multi-decade Navy shipbuilding backlog
- +Public listing with consistent earnings and dividend record
- +Only yard capable of nuclear carrier refueling
Considerations
- -Concentrated dependence on US Navy programs
- -Fixed-price contracts carry cost overrun risk
- -Shipbuilding labor shortages constrain throughput growth
- -Program schedules are hostage to Navy budget politics
- -No international market for its core nuclear products
Frequently Asked Questions About Huntington Ingalls Industries (HII)
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Sources & Further Reading
Competitors to Huntington Ingalls Industries (HII)
These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.
| Brand | Parent Company | Country | Founded | Market Position | Primary Market | Gender Target |
|---|---|---|---|---|---|---|
| Bae Systems | United Kingdom | 1999 | Market leader | United kingdom | All-ages | |
| General Dynamics | USA (Electric Boat) | 1995 | Enterprise | Global | All-ages | |
| Naval Group | France | 2003 | Market leader | Europe | All-ages | |
| Thyssenkrupp | Germany | 2005 | Market leader | Europe | All-ages | |
| Fincantieri | Italy | 1959 | Market leader | Global | All-ages | |
| Huntington Ingalls | USA | 1886 | Mass market | United states | All Genders |
Learn More About Competitors
Aerospace DefenseBAE Systems Maritime
Owned by BAE Systems plc
BAE Systems Maritime is the naval shipbuilding brand of BAE Systems plc, sole builder of UK nuclear submarines and the Type 26 frigate, operating yards at Barrow-in-Furness and on the Clyde.
shipbuildingsubmarinesnaval-ships
Aerospace DefenseGeneral Dynamics Marine Systems
Owned by General Dynamics
U.S. Navy shipbuilding division of General Dynamics Corporation, encompassing Electric Boat (nuclear submarines), Bath Iron Works (surface combatants), and NASSCO (auxiliary and commercial ships).
submarinesnaval-shipsdefense
Aerospace DefenseNaval Group
Owned by Naval Group SA
Naval Group is the flagship brand of the French state-controlled naval defense company, builder of France's nuclear submarines, frigates, and the PANG aircraft carrier program.
shipbuildingsubmarinesnaval-ships
Aerospace Defensethyssenkrupp Marine Systems (TKMS)
Owned by thyssenkrupp AG
TKMS is the naval shipbuilding brand spun off from thyssenkrupp AG in October 2025, Germany's builder of conventional submarines and surface combatants, now listed on the Frankfurt Stock Exchange.
shipbuildingsubmarinesnaval-ships
Aerospace DefenseFincantieri
Owned by Fincantieri S.p.A.
Fincantieri is the flagship brand of the Italian state-controlled shipbuilding group, the world's largest cruise ship builder and a major naval contractor for Italy and the US Navy.
shipbuildingnaval-shipscruise-ships
Aerospace DefenseNewport News Shipbuilding
Owned by Huntington Ingalls Industries, Inc.
HII's Virginia shipyard division, the sole US builder of nuclear-powered aircraft carriers and co-builder of Virginia-class submarines, founded by Collis P. Huntington in 1886.
shipbuildingaircraft-carrierssubmarines
Competitive Analysis
Market Positioning: Huntington Ingalls Industries (HII) competes with 6 brands in the same categories, ranging from mass market to luxury positioning.
Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.
Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.
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Independent Alternatives to Huntington Ingalls Industries (HII)
Looking for brands with different ownership structures? These similar brands are not owned by Huntington Ingalls Industries, Inc., giving you alternative choices that support different corporate structures.
Aerospace DefenseNaval Group
Owned by Naval Group SA
Naval Group is the flagship brand of the French state-controlled naval defense company, builder of France's nuclear submarines, frigates, and the PANG aircraft carrier program.
shipbuildingsubmarinesnaval-ships
State-Owned
Naval Group operates independently without a large parent corporation.
Aerospace DefenseFincantieri
Owned by Fincantieri S.p.A.
Fincantieri is the flagship brand of the Italian state-controlled shipbuilding group, the world's largest cruise ship builder and a major naval contractor for Italy and the US Navy.
shipbuildingnaval-shipscruise-ships
Publicly Traded
Fincantieri operates independently without a large parent corporation.
Aerospace DefenseAxiom Space
Owned by Axiom Space, Inc.
Commercial space station developer and private astronaut mission provider, owned by Axiom Space Inc., a Houston company founded by Michael Suffredini and Kam Ghaffarian in 2016.
commercial-spacespace-stationprivate-astronauts
Privately Owned
Axiom Space is privately owned, unlike Huntington Ingalls Industries (HII) which is under a publicly traded parent company.
Aerospace DefenseSpaceX
Owned by SpaceX
Space exploration brand covering the Falcon 9, Starship, and Dragon programs, owned by private company SpaceX founded by Elon Musk in 2002.
space-launchreusable-rocketscommercial-space
Privately Owned
SpaceX is privately owned, unlike Huntington Ingalls Industries (HII) which is under a publicly traded parent company.
Aerospace DefenseBBA Aviation (Signature Aviation)
Owned by Signature Aviation
Global aviation services brand operating fixed base operations and engine repair, now known as Signature Aviation after a 2019 rebrand and 2021 private equity takeover.
aviationfbobusiness-aviation
Privately Owned
BBA Aviation (Signature Aviation) is privately owned, unlike Huntington Ingalls Industries (HII) which is under a publicly traded parent company.
Aerospace DefenseConsolidated Precision Products
Owned by Consolidated Precision Products Corp.
Aerospace castings brand of CPP, the Cleveland manufacturer of single-crystal turbine components being acquired by GE Aerospace.
aerospacecastingsmanufacturing
Privately Owned
Consolidated Precision Products is privately owned, unlike Huntington Ingalls Industries (HII) which is under a publicly traded parent company.
Huntington Ingalls Industries, Inc. Stock Information
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